Research
What is Tax Increment Financing (TIF)?
Tax increment financing (TIF) is a popular but controversial financial tool used by local governments to fund economic development.
The increase in alternative work arrangements (temp agency workers, gig work, etc.) among older workers is due to low wages stemming from older workers' decreased bargaining power.
Social Security benefits are progressive and reduce the unequal distribution of retirement wealth generated by a broken employer-based retirement system.
The Earned Income Tax Credit (EITC) can cause wage declines for workers who do not receive the tax credit.
Workers in low-wage households are more likely to experience economic shocks and to withdraw from their retirement accounts, exacerbating pre-existing inequalities in the retirement savings system.
This study evaluates a Social Security "Catch-Up" contribution program, a proposal which would help mid-career workers narrow the gap between what they need in retirement and their projected retirement wealth.
This study identifies what is driving the loss of bargaining power suppressing older workers' wages.
ReLab's study of retirement wealth inequality between 1992 and 2010 finds that the retirement system is failing everyone, with those at the bottom suffering the most. This article has been accepted for publication in a revised form in the journal of Pension Economics and Finance. Our corresponding policy note, "Extreme Inequality is Persistent, Even Among Those With Similar Earnings," discusses policies to address the inequalities baked into our system.
About SCEPA
SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.
Copyright ©2020 Schwartz Center for Economic Policy Analysis The New School
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Copyright ©2020 Schwartz Center for Economic Policy Analysis The New School